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    2038 University Dr Denton, TX 76201

    Sponsored
    For Sale
    $2,586,666

    High-traffic location, excellent visibility.

    Property size:
    29,969 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.688-acre pad site, located at 2038 W University Drive in Denton, Texas (zip code 76201), presents a remarkable investment opportunity within the thriving Denton market. The property boasts a substantial 29,969 square feet and is ideally situated adjacent to the rapidly expanding Rayzor Ranch retail development, ensuring high visibility and significant foot traffic. Its strategic location on W University Drive offers three convenient access points – two directly from W University Drive and one cross-access point connecting to the new retail development, providing optimal accessibility for customers. The property's QSR/Fast Food zoning makes it perfectly suited for a variety of quick-service restaurant concepts. The asking price for this exceptional property is $2,586,666. Given its prime location, ample square footage, and convenient access points, this pad site represents a rare opportunity to establish a successful business in a high-growth area. The property's location in Denton County, Texas, offers a strong demographic profile and a robust local economy. This is an ideal opportunity for investors seeking a high-return investment in a prime retail location. Don't miss out on this chance to secure a prominent position in a rapidly developing retail corridor.

    Property Features for 2038 University Dr

    General Information

    Property type
    Restaurants
    Square Feet
    29,969 SF
    Lot Size
    29,969 SF

    HighLights

    • 0.688‑acre pad site at 2038 W University Drive, Denton, TX 76201.
    • 29,969 square feet, QSR/Fast Food zoning.
    • Adjacent to Rayzor Ranch retail development, high visibility and foot traffic.
    • Three access points from W University Drive and cross‑access to the retail development.
    • Asking price: $2,586,666.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dutch Bros Coffee Coffee Shop Vaughn & Hooper Cash ... Real Estate Developer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Denton
    County
    Denton
    State
    Texas
    Longitude
    -97.1576046
    Latitude
    33.2301526

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    FAQs

    What type of property is this?
    Restaurant - High-traffic location, excellent visibility.
    Where is this restaurant located?
    The property is located at 2038 University Dr Denton, TX.
    What is the asking price?
    The asking price for this property is $2,586,666.
    What are key features of this property?
    This property features: 0.688-acre pad site at 2038 W University Drive, Denton, TX 76201.; 29,969 square feet, QSR/Fast Food zoning.; Adjacent to Rayzor Ranch retail development, high visibility and foot traffic.
    (214) 720-6676
    Request Owner's contact information
    2038 University Dr Denton, TX 76201
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    Denton, TX 76201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2038 University Dr Denton, TX 76201
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